I think you nailed it in your next post. Receiving fees imo, is what LQMT will get. Fees always seem to be of inconsequence. The exposure can open up more doors which may lead to a contract of consequence. Earnings of $2 or $3 million a year won’t do it. Commercializing the product will where consumers in large numbers can create the demand for high volume parts and revenues. From a earnings point of view it can be done while waiting for the whales to take the bait and then reeled in for the mega high volume contract.
Are all of the investors looking to break even? I don’t think so. What a low bar TC set. Breaking even doesn’t increase shareholder value. It resets the clock. Long term shareholders are not imo, looking to break even. Tempting yes! But not what many are looking for.
All have watched this game before. Little transparency, zero follow ups a wake up call and back to sleep.
Maybe asking for more than two or three reoccurring contracts a year is too much. But LQMT is now about to go into its 27th month without announcing a new contract small or large of any kind.
Maybe after two plus decades some shareholders think 3 customers are ok. I don’t. Imo, LQMT should have had many more reoccurring customers.
Maybe they have learned from those past mistakes. I won’t know until I see the contract pushing LQMT beyond breaking even.
My goodness! I can’t believe people are ecstatic over breaking even. I guess after being in the red for so long it sounds like success. It’s a big step in the right direction. Not success.
It would be nice if LQMT can get government contracts. But perhaps the affiliation with their partner abroad is a roadblock. I believe you are correct with the indirect point of view. And many times I pointed out in so many words that TC, imo, has been full of crap, when he gave the impression LQMT did not need domestic manufacturing. Especially when dealing with companies in the USA and global relations constantly being at odds with one another.
Good luck to you.
